Pmi News

The rupee fell 22 paise to close at 82.23 (provisional) against the US dollar on Wednesday, weighed down by a weak tone in local equity markets and disappointing domestic macroeconomic data, according to a PTI report. The strength of the American ...

The latest PMI results indicated that economic growth in the Indian manufacturing industry remained robust, and price pressures were contained. October data showed historically marked expansions in factory orders and quantities of purchases, while production growth outpaced its long-run average despite ...

Globally gold markets fell sharply from mid-September, due to US Fed interest rate hike concerns, reflecting the same trend in India. Additionally, the sudden gain in the US Dollar index pulled the gold markets down. However, the markets started to recover ...

The S&P Indian Services PMI increased to 57.2 in August, 2022 from its 4-month low of 55.5 in the month of July .The Indian services PMI has shown a sharp rate of expansion in the month of August and is expected ...

Manufacturing sector growth in India steadied in May, with new orders and production increasing at similar rates to those registered in April, the S&P Global Manufacturing Survey said. According to a release, companies were able to secure new work ...

The seasonally adjusted IHS Markit India Services PMI index signalled the strongest pace of growth in ten-and-a-half years in October, extending the recovery of the Indian service sector. The indicator increased to 58.4 in October from 55.2 in September, indicating that ...

India's manufacturing activity rebounded last month as the economy recovered from the pandemic-induced slowdown, boosting demand and output, although enterprises cut headcount at the fastest rate since May, according to a study. Supported by ultra-easy monetary policy and increased fiscal investment, ...